A label is a piece of cloth, paper, plastic film, metal, or other material affixed to a product, and has written or printed information about the product. Linerless labels are pressure-sensitive labels that do not have a backing paper or release liner. They have special release coating applied to the face of the label that allows the labels to be wound on a roll without the adhesive sticking to the label below it. These labels are comprised of anti-counterfeiting properties along with tracing and tracking technologies to aid manufacturers to keep their track of internal processing and packaging, incoming ingredients, and outgoing shipments to traders. They are available with a variety of adhesives according to the requirement and are free of waste, hassle, and liner.
An increment in the demand for eco-friendly, biodegradable, and versatile labels packaging owing to the rising packaging of food & beverages is estimated to promote the growth of the linerless labels market. Additionally, the growing pharmaceutical industry is another factor anticipated to fuel the growth of the market. On the other hand, the increasing developments observed in the e-commerce sectors and the trend for home delivery of goods, has severely influenced the growth of the logistics industry, thereby raising the need to deploy label printers for operational processes. Such factors have raised the adoption of advanced linerless labels, which is estimated to support the development of global linerless labels market over the coming years.
The global linerless labels market is anticipated to record a significant CAGR over the forecast period i.e. 2020-2028. The market is segmented by composition, product, printing ink, printing technology and by application. The application segment is further sub-divided into food & beverage, pharmaceuticals & personal care, retail, logistics, and others, out of which, the food & beverages segment is anticipated to hold the leading shares in the global linerless labels market owing to the rapidly growing of food & beverages industry, coupled with the added functionalities of linerless labels, such as, retaining the integrity of a product and prevent food spoilage and to improve product attributes. On the contrary, the water-based segment of the printing ink sector is anticipated to hold the largest share of the market on account of its high level of compliance with current environmental protection standards coupled with the convenience to eliminate pollution and many regulatory constraints on the printer. Moreover, the direct thermal segment of the printing technology sector is expected to witness a modest growth owing to its versatility and economic efficiency coupled with its convenience to apply simple designs and colors to a wide range of packaging materials, such as paper, plastic containers, corrugated cardboard boxes, tape, envelopes, and metal foil. CLICK TO DOWNLOAD SAMPLE REPORT
Rising demand for consumer goods, significant growth of food and beverage packaging products along with rising demand for logistics, and consumer durables are anticipated to support the development of the global linerless labels market over the forecast period.
Rising demand for eco-friendly, biodegradable, and versatile labels in emerging economies is escalating the growth of the market. Additionally, factors such as the preservation of natural resources, prevention of waste, and energy efficiency are acting as key drivers for the growth of the linerless labels market over the forecast period.
Various government rules & regulations along with the availability of substitutes are anticipated to hamper the market. Additionally, different environmental issues in terms of printing on labels and rising raw materials cost anticipated to hinder the growth of the global linerless labels market over the forecast period.
Our in-depth analysis of the global linerless labels market includes the following segments:
Based on regions, the global linerless labels market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.
The market in Asia Pacific is estimated to hold the largest share owing to the increasing e-commerce industry in nations such as China, India and others in the region. Additionally, the growing number of businesses in the region, along with the increasing exports and trade of goods across different industry verticals are also anticipated to promote towards the growth of the market in the region. On the contrary, the market in Europe and North America are anticipated to witness a modest growth on account of the rising market consolidation coupled with the existence of a significant number of players that are trying to tap the linerless labels market in these regions.
The global linerless labels market is further classified on the basis of region as follows:
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